Article: HEAD NV Announces Results For The Three Months and Six Months Ended June 30, 2002.

Business Editors

ROTTERDAM, Netherlands--(BUSINESS WIRE)--Aug. 13, 2002

Head NV (NYSE: HED)(VSX: HEAD), a leading global manufacturer and marketer of sports equipment, announced today its results for the three months and six months ended June 30, 2002.

For the three months ended June 30, 2002, Head had revenues of $72.8 million, an operating loss of $3.2 million and a net loss of $9.3 million, compared with revenues of $75.6 million, an operating loss of $2.3 million and a net loss of $2.5 million for the three months ended June 30, 2001. The loss per share for the three month period was $0.25 compared to $0.07 for the same period in 2001.

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